date:Sep 29, 2013
, another Australian company, in November of that year.
In the wine sector, the company bought Chateau Viaud in Bordeaux, France, in February 2011 after a previous purchase in Chile.
Meanwhile, Wan said that COFCO does not exclude the possibility of stepping up overseas MA deals in the milk powder industry.
It's quite unusual for a country to rely on overseas brands for 78 percent of its baby-formula supply, he said.
Yashili International Holdings Ltd, which is owned by China Mengniu Dairy C